Energy Fund Class Fund Technical Analysis
| RYENX Fund | USD 254.78 1.21 0.47% |
As of the 19th of April, Energy Fund shows the Mean Deviation of 0.7071, coefficient of variation of 460.07, and Downside Deviation of 0.9139. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Energy Fund, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Energy Fund Class, which can be compared to its peers. Please confirm Energy Fund Class semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Energy Fund Class is priced favorably, providing market reflects its regular price of 254.78 per share.
Energy Fund Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Energy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EnergyEnergy |
Energy Fund technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Energy Fund Class Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Energy Fund Class volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Energy Fund Class Trend Analysis
Use this graph to draw trend lines for Energy Fund Class. You can use it to identify possible trend reversals for Energy Fund as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Energy Fund price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Energy Fund Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Energy Fund Class applied against its price change over selected period. The best fit line has a slop of 0.70 , which means Energy Fund Class will continue generating value for investors. It has 122 observation points and a regression sum of squares at 18586.75, which is the sum of squared deviations for the predicted Energy Fund price change compared to its average price change.About Energy Fund Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Energy Fund Class on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Energy Fund Class based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Energy Fund Class price pattern first instead of the macroeconomic environment surrounding Energy Fund Class. By analyzing Energy Fund's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Energy Fund's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Energy Fund specific price patterns or momentum indicators. Please read more on our technical analysis page.
Energy Fund April 19, 2024 Technical Indicators
Most technical analysis of Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Energy from various momentum indicators to cycle indicators. When you analyze Energy charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1375 | |||
| Market Risk Adjusted Performance | 0.2255 | |||
| Mean Deviation | 0.7071 | |||
| Semi Deviation | 0.6486 | |||
| Downside Deviation | 0.9139 | |||
| Coefficient Of Variation | 460.07 | |||
| Standard Deviation | 0.9002 | |||
| Variance | 0.8104 | |||
| Information Ratio | 0.1412 | |||
| Jensen Alpha | 0.1352 | |||
| Total Risk Alpha | 0.1003 | |||
| Sortino Ratio | 0.139 | |||
| Treynor Ratio | 0.2155 | |||
| Maximum Drawdown | 4.39 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.54 | |||
| Downside Variance | 0.8353 | |||
| Semi Variance | 0.4206 | |||
| Expected Short fall | (0.75) | |||
| Skewness | 0.0125 | |||
| Kurtosis | 0.3567 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Energy Fund Class. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.